Zerodha Vs Alice Blue (Compare Zerodha and Alice Blue)

The side-by-side comparison of Zerodha and Alice Blue. Compare Zerodha Vs Alice Blue brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Zerodha vs Alice Blue?


Zerodha
Zerodha is India's No. 1 stockbroker. It is largest and most popular broker offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO and Direct Mutual Funds. Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and F&O, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. With Zerodha, the maximum brokerage you pay for any transaction is Rs 20 for an order (of any size, amount or segment). Ze... Know more about Zerodha


Alice Blue
Incorporated in 2006, Alice Blue is a Bangalore based discount stock broker offering stock and commodity trading services at BSE, NSE, and MCX. Alice Blue also offers depository service (demat account) through its membership with CDSL. AliceBlue offers 2 brokerage plans, 'Trade Pro' and 'Freedom 20' to its customers. In the 'Trade Pro' plan, the company charges percentage-based brokerage. Customers have to pay a fixed percentage of the trading value. For intraday trading, a trader has to pay ... Know more about Alice Blue Financial Services

Expand

Zerodha Vs Alice Blue

Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India. Incorporated in , Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

  Zerodha Alice Blue
Type of Broker Discount Broker Discount Broker
Supported Exchnages NSE, BSE, MCX and NCDEX BSE, NSE, MCX
Account Type Flat Brokerage Plan Freedom 20
Year of Incorporation 2010
Number of Branches 22
Broker Enquiry Open an Online Trading Account with Zerodha. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Alice Blue. Leave your contact info and we will get in touch with you.
Enquire ZerodhaEnquire Alice Blue
Expand

Zerodha Vs Alice Blue Charges & AMC

Zerodha trading account opening charges is Rs 200 while Alice Blue account opening changes is Equity Rs 310 | MCX Rs 200 | Rs 500 All segments. Zerodha Demat Account AMC Charges is Rs 300 and Alice Blue Demat Account AMC Charges is Rs 400.

  Zerodha Alice Blue
Trading Account Opening Charges Rs 200 Equity Rs 310 | MCX Rs 200 | Rs 500 All segments
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 Rs 0
Demat Account AMC Charges Rs 300 Rs 400
Expand

Zerodha Vs Alice Blue Brokerage Charges & Plans

Zerodha Vs Alice Blue Brokerage

Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas Alice Blue brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per order or 0.01% whichever is lower.

  Zerodha Alice Blue
Account Type Flat Brokerage Plan Freedom 20
Fixed Charges
Equity Delivery Brokerage Rs 0 (Free) Rs 0 (Free)
Equity Intraday Brokerage Rs 20 per executed order or .03% whichever is lower Rs 20 per order or 0.01% whichever is lower
Equity Futures Brokerage Rs 20 per executed order or .03% whichever is lower Rs 20 per order or 0.01% whichever is lower
Equity Options Brokerage Rs 20 per executed order Rs 20 per order
Currency Futures Trading Brokerage Rs 20 per executed order or .03% whichever is lower Rs 20 per order or 0.01% whichever is lower
Currency Options Trading Brokerage Rs 20 per executed order or .03% whichever is lower Rs 10 per order
Commodity Futures Trading Brokerage Rs 20 per executed order or .03% whichever is lower Rs 20 per order or 0.01% whichever is lower
Commodity Options Trading Brokerage Rs 20 per executed order or .03% whichever is lower Rs 20 per order
Special Offer
Special Offer: Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. Get the offer
Special Offer: Alice Blue Free equity delivery trading (truly no brokerage) and Flat Rs 20 intranet and F&O trade brokerage. Get the offer

Zerodha Vs Alice Blue Brokerage Plan 2

  Zerodha Alice Blue
Account Type Flat Brokerage Plan Trade Pro Plan
Fixed Charges
Equity Delivery Brokerage Rs 0 (Free) 0.1%
Equity Intraday Brokerage Rs 20 per executed order or .03% whichever is lower 0.01%
Equity Futures Brokerage Rs 20 per executed order or .03% whichever is lower 0.01%
Equity Options Brokerage Rs 20 per executed order Rs 20 per lot
Currency Futures Trading Brokerage Rs 20 per executed order or .03% whichever is lower Rs 10 per lot
Currency Options Trading Brokerage Rs 20 per executed order or .03% whichever is lower Rs 20 per lot
Commodity Futures Trading Brokerage Rs 20 per executed order or .03% whichever is lower 0.01%
Commodity Options Trading Brokerage Rs 20 per executed order or .03% whichever is lower Rs 20 per lot
Enquire ZerodhaEnquire Alice Blue

Zerodha Charges Vs Alice Blue

Minimum Brokerage Charges 0.03% in Intraday and F&O Rs 0
Other Brokerage Charges Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS
Call & Trade Charges Rs 50 per executed order Rs 20 per executed order
Expand

Zerodha Vs Alice Blue Transaction Charges

Zerodha transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while Alice Blue exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side).

  Zerodha Alice Blue
Equity Delivery NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side)
Equity Intraday NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side)
Equity Futures NSE Rs 200 per Cr (0.002%) NSE Rs 210 per Cr (0.0021%) | BSE Rs 1 per trade (each side)
Equity Options NSE Rs 5300 per Cr (0.053%) (on premium) NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%) NSE Rs 135 per Cr (0.00135%)
Currency Options NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 4400 per Cr (0.044%) (on premium)
Commodity Group A - Rs 260 per Cr (0.0026%) Non-Agri Rs 360 per Cr (0.0036%) | Agri Rs 275 per Cr (0.00275%)
Enquire ZerodhaEnquire Alice Blue
Expand

Zerodha Vs Alice Blue Leverage (Margin)

Zerodha provides the margin of Up to 20x (based on the stock) for intraday trades whereas the Alice Blue margin for intraday cash is Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x.

  Zerodha Alice Blue
Equity Delivery 1x (no margin) Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x
Equity Intraday Up to 20x (based on the stock) Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x
Equity Futures Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Equity Options Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x
Currency Futures Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Currency Options Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x
Commodity Futures Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Commodity Options
Enquire ZerodhaEnquire Alice Blue
Expand

Compare Zerodha and Alice Blue Features

The trading platforms offered Zerodha include Kite Web, Kite Mobile for Android/iOS and Coin. Alice Blue offers Front End: ANT | Back End: Omnesys NEST trading software.

  Zerodha Alice Blue
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Available No Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Kite Web, Kite Mobile for Android/iOS and Coin Front End: ANT | Back End: Omnesys NEST
Intraday Square-off Time Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close Equity: 3:15PM
Other Features Direct Mutual Funds, APIs for Algo Trading
Referral Program Yes
Enquire ZerodhaEnquire Alice Blue
Expand

Zerodha Vs Alice Blue Review

Zerodha is rated 3.7 of 5 based on 416 customer reviews whereas Alice Blue is rated 3.4 of 5 based on 31 customer reviews.

  Zerodha Alice Blue
  416 Customer Reviews    Rate Zerodha 31 Customer Reviews    Rate Alice Blue
Fees 3.7 3.8
Trading Brokerage 4.3 3.7
Trading Platform Usability 3.6 3.5
Customer Service 3.4 3.0
Research Capabilities 2.7 1.9
Overall Ratings Rated 3.7 stars Rated 3.4 stars
Broker Rating Zerodha is rated 3.7 of 5 based on 416 customer reviews Alice Blue is rated 3.4 of 5 based on 31 customer reviews
Expand

Contact Broker / Request A Call Back

  Zerodha Enquire Alice Blue Enquire
Contact Broker

Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. Get the offer

Alice Blue Free equity delivery trading (truly no brokerage) and Flat Rs 20 intranet and F&O trade brokerage. Get the offer

Expand

Zerodha Vs Alice Blue Investment Options

  Zerodha Alice Blue
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options
Expand

Zerodha Vs Alice Blue Order Type Offered

  Zerodha Alice Blue
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes No
Enquire ZerodhaEnquire Alice Blue
Expand

Zerodha Vs Alice Blue Research Report

  Zerodha Alice Blue
Daily Market Report No Yes
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No
Expand

Zerodha Vs Alice Blue Suitable For Investor Type

  Zerodha Alice Blue
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
Expand

Zerodha Vs Alice Blue - Pros and Cons

  Zerodha Alice Blue
Pros
  • Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
  • Excellent trading platforms (Kite) available for free.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Brokerage is 0.03% or Rs 20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
  • Direct Mutual Fund Investment is available.
  • Over 10 lakha+ active customers and 10% of daily volume at BSE, NSE and MCX.
  • Zerodha Referral Program offers 10% broekrage share to clients you refer.
  • Good Till Triggered (GTT) order are available. These are simillar to GTC orders.
  • Discount stock broker.
  • Most advance trading platform.
  • Free equity delivery trades. No brokerage.
  • 01% or Rs 20 whichever is less brokerage for intraday and F&O.
  • Up to 20x margin in equity intraday.
Cons
  • Doesn't provide stock tips, research reports or recommendations.
  • Call & Trade is charged at extra Rs 50 order.
  • Auto Square off is charged at extra Rs 50 order.
  • Doesn't offer 3-in-1 account.
  • Doesn't offer unlimited trading plans.
  • Doesn't offer AMC Free Demat account.
  • Online Mutual Fund investment is not available.
  • Margin funding is not available.
  • Good Till Cancelled (GTC) orders not available.
  • Call & Trade is available with additional cost of Rs 20 per order.
Reviews
Promo / Offers

Free Equity Delivery Trading

Get free equity delivery trading (truly no brokerage) and pay flat Rs 20 brokerage for Intraday and F&O trades. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.

Free Equity Delivery Trade

Get free equity delivery trading (truly no brokerage) and pay flat Rs 20 intranet and F&O trade brokerage. To open an account with Alice Blue, simply leave your contact information and Alice Blue representatives will call you.

Enquire ZerodhaEnquire Alice Blue

Frequently Asked Questions

  1. 1. Is Alice Blue better than Zerodha?

    Alice Blue is a SEBI Registered discount broker based out of Bangalore, incorporated in 2006. Zerodha is also a SEBI Registered discount broker based out of Bangalore, incorporated in 2010. Zerodha offers only online broking services at a low cost, whereas Alice Blue offers online and offline broking services to its clients.

    Read Alice Blue vs Zerodha for a detailed comparison between Zerodha and Alice Blue.

     

Compare More Brokers...

Zerodha Alice Blue
Compare More Brokers:







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App